September 8, 2016

The next sector to recover from the oil price crash

A recent report by Arkansas Online says the energy industry's support sector could feel the effects of low oil prices for up to two years after the current bear market…

September 8, 2016

Lucapa finds another massive diamond at Lulo, biggest pink yet

The 38.6-carat coloured stone is the largest “fancy” pink diamond recovered to date from Lulo.

September 8, 2016

World’s largest, newest diamond mine to inject $5.2bn into Canada’s economy

Gahcho Kué, co-owned by De Beers Canada and Mountain Province Diamonds, is also expected to provide 1,200 new jobs.

September 8, 2016

US, China climate pact devastating for coal price

New study forecasts global thermal coal trade to shrink by 373 million tonnes per year, leading to minimum 30% fall in coal prices post 2020.

September 6, 2016

Eldorado Gold exits China, sells Jinfeng mine for $300 million

The move marks the Vancouver-based miner exit from China.

September 6, 2016

Zinc price rally may have gone too far

Current price could bring idled production back and bulky new projects are coming online soon.

September 6, 2016

Codelco warns strike at Salvador mine risks division’s future

Salvador, Codelco’s smallest operation, has been battling to turn a profit after dwindling ore grades pushed up production costs.

September 2, 2016

Silver miners: juniors will beat majors

Small-cap miners will outperform large cap miners in the coming years, a new analysis from BMI Research shows.

September 2, 2016

Caterpillar to close Belgium plant, lay off 2000 workers

The possible plant closure, which could cost around 2,000 jobs, is part of a global restructuring plan announced in September that could see CAT cutting as many as 10,000 jobs…

September 2, 2016

Canada’s Enbridge drops Sandpiper crude oil pipeline

The $2.6 billion project for a pipeline from North Dakota to Wisconsin will be on hold until market conditions improve.